https://www.taxtmi.com/highlights?id=70053 TDS liability on year end provisions of expenses - Assessee in default u/s 201(1) - non-deduction of TDS on provision for expenses made at the end of the year u/s 194C, 194I and 194J - in the absence of an ascertainable amount and identifiable payee, the machinery provisions of recovering tax deducted at source falls flat because in either way, it does not aid the charge of tax u/s 4 of the Act, but, takes a form of separate levy independent of other provisions of the Act. - AT en-us Wed, 31 May 2023 10:28:28 +0530 Wed, 31 May 2023 15:23:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=70053 TDS liability on year end provisions of expenses - Assessee in default u/s 201(1) - non-deduction of TDS on provision for expenses made at the end of the year u/s 194C, 194I and 194J - in the absence of an ascertainable amount and identifiable payee, the machinery provisions of recovering tax deducted at source falls flat because in either way, it does not aid the charge of tax u/s 4 of the Act, but, takes a form of separate levy independent of other provisions of the Act. - AT Highlights Income Tax Wed, 31 May 2023 10:28:28 +0530 https://www.taxtmi.com/highlights?id=70053